https://www.taxtmi.com/caselaws?id=399409 The Tribunal found the petition not maintainable for initiating Corporate Insolvency Resolution Process (CIRP) due to the existence of a genuine dispute and willingness of both parties to settle. Both parties were directed to settle the matter amicably, with the Petitioner permitted to submit its claim to the Respondent for consideration. The Respondent was instructed to review the claim and communicate its decision, allowing the Petitioner to approach the Tribunal if unsatisfied. No costs were awarded in the case. en-us Tue, 21 Jan 2020 00:00:00 +0530 Sat, 10 Oct 2020 11:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399409 The Tribunal found the petition not maintainable for initiating Corporate Insolvency Resolution Process (CIRP) due to the existence of a genuine dispute and willingness of both parties to settle. Both parties were directed to settle the matter amicably, with the Petitioner permitted to submit its claim to the Respondent for consideration. The Respondent was instructed to review the claim and communicate its decision, allowing the Petitioner to approach the Tribunal if unsatisfied. No costs were awarded in the case. Case-Laws Insolvency and Bankruptcy Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399409